Wall Street’s Biggest Bull Isn’t Budging on S&P 7,000 This Year
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Wall Street stock market strategists have largely abandoned the lofty expectations they took into 2025, but one bull isn’t budging: Wells Fargo Securities LLC’s Christopher Harvey.
He projects that the S&P 500 Index will end the year at 7,007, the same number he had at the start of 2025. It’s currently at 5,672, and that’s after the index climbed more than 10% in the previous nine sessions, its longest winning streak in over two decades. Harvey’s estimate assumes the US equity benchmark will rise another 24% over the next eight months.